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Copper still rising, currently up 1.78%

Copper up 1.49% as I type. Commodity prices are raging. Mining stocks are the place to be 2021.

Iron Ore up 7%, Copper down 1% but way above 3 year highs.

TA Wise 1stTarget is 5p followed by 7p and 10p then it's blue sky.
Thanks for the PAT tip ST, made a few k, owe you beer.

Thanks ST, I'll check out PAT. Hold a host of juniors, you only need one to come good.
AYM is a different play as we know the resource is in the ground.

ST, which broker did you use to buy Labrador?
Thanks in advance

Does anyone know how to buy LBRMF? $1 is conservative if operations were planned to start up.

The second quarter results were released, PEA expected around the end of 2020.
Highlights that stood out to me

>In light of persistently stronger iron ore prices over the past two years, and with increased inquiries and expressions
of interest from potential off-takers seeking iron ore supply and encouragement from local indigenous stakeholders,
LIM is now working to advance Stage 2 of its planned direct shipping ore mining operations, which involves the
development of its Houston Project, located about 20 km southeast of Schefferville. Subject to securing development
financing, LIM is working to commence production of direct shipping iron ore from the Houston deposits at the earliest
opportunity.<
http://www.labradorironmines.ca//pdf/LIMHNR2020NOV30Q2PEA.pdf

It does sound like operations are full steam ahead and Labrador plan on starting up sharpish.
TA wise looking for 5p then 7p.

Holly Molly Awin, these bulletin boards are the last place to seek financial advice. Where is the news from LIM? Have you checked their website? If the two PEAs are positive they will transform this company and its share price. Both PEA's are anticipated this year.
DYOR.

Copper on a bull run, up massively today and looks to continue. Iron ore up a bit also. Mining stocks look set to do well in 2021.

Iron ore and Copper prices are on a bull run. The timing is great for AYM.
Anyone know how LIM can be traded, on which platform? It's listed as an OTC stock on the US markets.

Just my own price target and it's not based on the long term outlook for the company. If one or both mines swing into production and the economics are good this could be an amazing medium to long term investment. I think I'm quite lucky to get in at these prices just before news lands.

I'm certain this interview has been posted many times but just a reminder as to why I bought in. If the PEA is compelling Parys could go into production within a year or so. 4-5p target for me but my chart says the share could froth up to 8p.
https://www.youtube.com/watch?v=C24YgZEKUdc

Exactly, it's just cream for the investors that risked capital during the last placing. We could speculate on the timing though with two PEA's expected

Don't go upsetting Greta Mike. We know the young folks are 100% right about everything 100% of the time.

I took a look boom and it looks like the right ticker although I am still skeptical if an actual human analyst has put their name to this price target. LIM's website states they have no current broker coverage. LIM have previously got to highs of $14 a share in the past although this was based on iron ore prices rocketing. There's certainly plenty of growth potential for Labrador at 3 cents a share if the PEA is decent. I've seen shares go from 3p to £3 in the past so I know how these penny stocks can explode. Regardless of the potential here, my strategy is capital preservation so I'll be taking some of my cash off the table whatever occurs.

I always read the last set of accounts of a company I'm thinking of investing in, then skim through at least 12 months worth of RNS's and look how the news played out on the stock charts. If you're serious about making money and new to share trading then stock boards can be a danger to your wealth and should be avoided. Best to ignore these boards and twitter and buy yourself a learner book such as the naked trader. These penny stocks are highly speculative, volatile and should just be traded.

Mind the seagulls Brent, from memory they are quite aggressive along that promenade.

Bob, no disrespect to any long term holders but I don't think holding onto a penny stock for the long term is a sound strategy. I find that trading the news flow by top slicing or selling and buying back in works better, at least for me anyway. If a company is growing and paying a divi that's a different matter. A bird in the hand is worth two in the bush as Greeks once said. I am bullish on the prospects here and I hope we all make money.

I am more than happy with a 4-5p price target. If I like the QME development plan options for Parys and think that it can attract finance partners I can always top slice and have a free carry for the ride to production. The company does need some new blood though which I believe it acknowledges.